Injective Institutional Services has registered as a securities transfer agent for the US Securities and Exchange Commission (SEC), becoming the first Layer 1 blockchain to achieve this status. It can provide compliance services for tokenized assets such as institutional funds, public company stocks, private company shares, and corporate accounts receivable. Injective has launched relevant markets and launched the tokenized asset issuance platform Injective Mint Alpha. In July, POSCO International and LG CNS chose Injective to launch a trade financing pilot, planning to tokenize international trade accounts receivable and complete the transfer, management, and settlement. (Bitcoin.com News)